Airlines are nearing the 10th year of profitability since the industry recovered in 2010 from the 2008 global financial crisis, an unprecedented length of time.
ManaAir, a new regional airline operation partially owned by United Airlines, has agreed to purchase ExpressJet, setting the mainline carrier up with a purpose-built exclusive partner that it can use to support its hub-feeding growth strategy.
Central European ULCC Wizz Air plans further expansion at London Luton Airport as the UK capital’s air travel market shows few signs of being affected by the continuing uncertainty over the country’s rapidly approaching exit from the European Union (EU) (Brexit).
Newly rebranded Air Italy has announced new routes to Toronto and Chicago, bringing to six the number of North American destinations the carrier will fly to from Milan Malpensa Airport.
Switzerland’s air navigation service provider Skyguide and the Air Traffic Controllers European Unions Coordination (ATCEUC) are protesting the conviction of a controller after an error that caused an incident.
A consortium of private equity firms will acquire the majority of French maintenance, repair and overhaul (MRO) provider Sabena Technics from TAT Group for an undisclosed sum.
Airlines are opting for more long-term agreements to maintain their CFM International Leap engines compared to CFM56 models, but the venerable CFM56s will continue to drive the engine maker’s aftermarket revenues for years to come, with peak annual shop visits expected to occur around 2025, according to French aerospace firm, Safran said.
Bankrupt German carrier airberlin’s administrator is seeking damages of up to €2 billion ($2.28 billion) from former majority shareholder Etihad Airways.
Responding to recent accidents and incidents, FAA and EASA are requiring improved pilot training for upset-recovery and other serious inflight situations.
Boeing and Embraer have hammered out terms of their proposed commercial business merger, including a Brazil-based management that reports to Boeing Chairman, CEO and president Dennis Muilenburg.
The UK’s first digital air traffic control facility has opened to service the airfield serving Cranfield University, about 80 km (50 mi.) north of London.
Dubai Aerospace Enterprise (DAE) has agreed to sell 18 mid-life aircraft to unnamed institutional investors, as the UAE-based lessor seeks to build a $5 billion managed-aircraft portfolio.
The British government is looking to pursue greater liberalization of air traffic rights and modernize what it calls “obsolete restrictions on airline ownership” in a bid to open competition for UK and international air routes.
The acquisition by the Beijing city government of new shares in Capital Airlines—announced Dec. 12—will greatly enlarge the city’s holdings in the HNA Group’s second-largest carrier, industry sources said.
Spain’s Air Europa will begin phasing out its Embraer E195 aircraft in 2021, as part of the airline’s strategy to transition to an all-Boeing fleet by 2023.
The first Boeing 737 finished at the joint Boeing-COMAC completion facility in Zhoushan, China was delivered to its first customer, Air China, Dec. 15.
